JustLend DAO has completed the third JST buyback and burn

By: rootdata|2026/04/16 20:42:01

According to the official announcement, JustLend DAO has officially completed the third JST token buyback and burn today, with a total of 271,337,579 JST tokens destroyed, corresponding to a value of approximately 21.3 million USD. The tokens have been transferred to the black hole address. The funds for this burn come from the protocol's net income in the first quarter of 2026 and past accumulated earnings. As of April 16, 2026, the total number of JST tokens destroyed has reached 1,356,228,332, accounting for 13.70% of the total supply. JustLend DAO will continue to execute buybacks and burns quarterly and will regularly provide transparent updates to the community to jointly promote value empowerment.

-- Price

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The third round of repurchase and destruction by JST has been completed as scheduled, with a repurchase and destruction scale exceeding 21 million USD